Gov Uzodinma Wants FG To Compensate Southeast With Special Funds For Civil War Losses
The special fund would relieve those who lost their properties and family members during the civil war.
By Omotayo Olutekunbi
Hope Uzodinma, the governor of Imo State, has urged the federal government to create a special fund for the southeast to recompense the region for damages sustained during the civil war.
Uzodinma stated this in Owerri on Wednesday, October 13, 2021, during a public hearing on the review of the revenue allocation sharing formula organised by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC)..
He said that the southeast was impoverished as a result of the 30-month civil war, and that the region need a development commission similar to the one established for the northeast owing to the Boko Haram insurgency.
He said, “I think the debacles of the civil war led the south-east into a deep poverty level; houses were burnt down, people were killed.
“Only recently, a special law was enacted as the North-East Development Commission, arising from the disaster of Boko Haram incidents. But the 30-month civil war that ended in 1970 left the south-east in a state of penury.”
The governor condemned the ‘obsolete’ income allocation mechanism, which he said had not been revised since 1992.
He also said that the southeast has been treated unfairly in terms of how the zone’s profits are distributed.
“Today, as it stands, the federal government takes home 52.68 per cent, state governments, 26.72 per cent, while the 774 local government areas take home 20.60 per cent,” he said.
Imo now has seven oil-producing businesses, according to the governor, but 43 oil wells were “wrongly” assigned to Rivers state.
Follow Our Activities On Facebook
33 minutes ago
16 hours ago
Bimbo Ademoye, Mofe Duncan Star In ’13 Letters’
The official trailer for ’13 Letters’, GidiBoxOffice’s first original feature film, has been released ahead of its October theatrical release….
Nigerian Startups might just be Crippled by a Recently Leaked bill
Over the years there has been talks of amendment on the 2007 Act of the National Information & Technology Agency (NITDA).
Why We Love Kelechi Amadi Obi
The definition of talent is Kelechi Amadi’s iconic story. Imagine a person who studies law in school, gets called to Bar, and leaves it all for something different and unrelated…Painting!